The Budget is highly pragmatic and growth oriented: PVR's Ajay Bijli

Ajay Bijli, Chairman and Managing Director, PVR Ltd, talks about Union Budget 2023

Will this Budget help the economy and allow India to stay ahead of global challenges?

I expect that the measures announced in the Budget will have a multiplier effect on growth and employment. Some specific measures:

• Increasing capital investment by 33.4 per cent to 10 lakh crore and
• focus on creating urban infrastructure in Tier 2 and Tier 3 cities through a dedicated Urban Infrastructure Development Fund (UIDF)

While the rest of the world is facing economic uncertainty on account of high inflation, rising interest rates etc, which could lead to recession in some big economies, our economy is backed by strong macros